Sahm Adrangi is Kerrisdale Capital Management’s creator, as well as its Chief Investment Officer. After he founded the firm back in 2009, Adrangi has been quite involved on most aspects of Kressidale’s development. After starting the firm with less than $1 million, $150 million is now being managed by Kressidale.
He became most commonly known for the firm’s findings that he has released, and also for his short selling strategies. Sahm Adrangi is known for sharing his firm’s opinions with regards to stocks, which he believes the market doesn’t properly understand. Shorts that are overhyped, as well as under-followed longs, are the most prominent examples. Kerrisdale’s research is very crucial because it debunks commonly-held misconceptions regarding the potential of many companies.
Sahm Adrangi first gained widespread notoriety after exposing and shorting several illegitimate Chinese companies. Adrangi’s findings resulted China Education Alliance and ChinaCast Education Corp eventually having to deal with the Securities and Exchange Commission’s enforcement actions. China Marine Food Group, Lihua International and China-Biotics are just a few of the other companies Adrangi’s research exposed.
During the time that he has continued publishing this information, a wide array of different businesses and sectors have been written about. These days, however, Adrangi has targeted a few specific sectors with these efforts. The biotechnology industry is now one key area in which the firm has gained much expertise and released influential research about numerous companies’ development phases. Bavarian Nordic, Zafgen, Unilife, Sage Therapeutics and Pulse Biosciences are just a few examples.
To kick off his journey in the investment world, He worked with Deutsche Bank, where he performed high-yield and leveraged loan debt financings. When he worked at Chanin Capital Partners, Adrangi also gave advice to creditor committees. Once he gained such valuable experience in investment banking, Adrangi subsequently worked some more years working with Longacre Management, which is a distressed debt hedge fund controlling billions of dollars.
Sahm Adrangi has spoken at numerous conferences about investing. He’s also has been sought out for interviews for well-known newspapers and television networks.